https://www.taxtmi.com/news?id=1074 The Bill broadens the Act to include services and technology within the definitions of import and export, empowers the Central Government to impose quantitative import restrictions as safeguards where increased imports cause or threaten serious injury to domestic industry, and integrates controls on specified goods, services and technology with the Weapons of Mass Destruction Act. It strengthens enforcement by expanding search, seizure and penalty recovery powers to cover services and technology, permits suspension of licences with later hearing, credits penalties to the Consolidated Fund, and enhances review powers of the Director General. en-us Wed, 13 Jan 2010 06:22:20 +0530 Wed, 13 Jan 2010 06:22:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=1074 The Bill broadens the Act to include services and technology within the definitions of import and export, empowers the Central Government to impose quantitative import restrictions as safeguards where increased imports cause or threaten serious injury to domestic industry, and integrates controls on specified goods, services and technology with the Weapons of Mass Destruction Act. It strengthens enforcement by expanding search, seizure and penalty recovery powers to cover services and technology, permits suspension of licences with later hearing, credits penalties to the Consolidated Fund, and enhances review powers of the Director General. News - Wed, 13 Jan 2010 06:22:20 +0530 https://www.taxtmi.com/news?id=1074